7 Proven Ways to Manage the Impact of Inflation on Small Businesses

Businessman holding an umbrella protect from problems

Nearly a quarter of small business owners say their greatest concern is inflation, according to the latest National Federation of Independent Business (NFIB). With the current inflation rate sitting at 7.5 percent—the highest it’s been since 1982—per the Bureau of Labor Statistics (BLS), it’s no…

Read more

How to Ask for the Next Customer Order

Warehouse manager taking notes and checking orders with a laptop

Customer Order : So, you’ve successfully closed a deal, a significant achievement in the competitive business world. Now, the critical moment arises – it’s time for your customer, now a valued client and prospect for future business, to place their next order, However, instead of…

Read more

7 Ways Business Leaders Can Prepare for Success in 2022

Business Leaders Can Prepare for Success

7 Ways Business Leaders Can Prepare for Success. Business leaders face challenges unlike anything else seen in the past. From absenteeism related to COVID-19 through supply chain issues and morale, what it means and what it takes to lead effectively has changed dramatically over the…

Read more

5 Reasons to Hire a Collection Agency

Accounts Receivable Collections

Wondering if it’s time to hire a collection agency? We often think of collection agencies in terms of the consumer market. For example, retail stores and credit card companies often hire a collection agency when their customers don’t pay their bills. However, professional debt collectors…

Read more

3 Benefits of Combining Invoice Factoring and PO Financing

Benefits of Combining Factoring and PO Financing

Very few things excite business owners more than receiving large purchase orders. Unfortunately, the joy is often short-lived as reality sets in. How can you accept a large order when your bank account doesn’t have enough to cover supply costs? PO financing and factoring are…

Read more

6 Leadership Secrets Every Small Business Owner Should Know

Leadership Secrets Inspire Motivate Envelope

Leadership Secrets: Leadership skills are essential for all aspects of your career, from securing a job to advancing your career. Even if you have been in a leadership role for several years, leadership development programs that help you build vital skills around effective leadership can…

Read more

6 Common Challenges Startup Businesses Face

Common Challenges for Startup Businesses

About a million small businesses launch every year, according to the U.S. Small Business Administration (SBA). More than three-quarters make it to the two-year mark, but certainly not without grit and the ability to overcome the multitude of startup challenges entrepreneurs face. Whether you’re already…

Read more